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5 Oak Terrace, Newbury MA 01922

Newbury, MA 01922
$900,000
Est. $4,790/month
5
Beds
4
Baths
4,055
Sq Ft
$222
Price/Sq Ft
0.59
Acres
1968
Year Built
2 Family - 2 Units Up/Down
Type
7
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73250965

About this home

A rare opportunity to own a custom-updated 5 bed, 4 bath, 4,055 sqft 2-family ranch (the 2nd unit being a legal 1-bedroom in-law apartment), located on a 0.59 acre lot at the end of a quiet cul de sac street. The main home features 3 bedrooms, 3 full baths, an open-concept kitchen & dining area w/ sliders to the back deck, a sunlight living room w/ wood burning fireplace, hardwood floors & 2-car garage. The in-law apt offers approximately 1,645 sqft, 1 bedroom, 1 bath w/ laundry, an open kitchen/dining area, a large living room w/ wood-burning fireplace, & private entrance. Additional highlights include a bonus room adjacent to the in-law that can be used as a 2nd bedroom for the in-law, or a 4th bedroom/office for the main house, central AC, natural gas heat, new on-demand water heater, 2-year-old roof, & a lightly used septic system installed in 2015 (passing Title V certificate in hand). Ideal for multi-generational living or rental income, combining comfort, style, & practicality.

Sale Statistics

Sale Overview
Original List Price: $875,000
Final Sale Price: $900,000
Difference: +$25,000 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $216
Sale $/sq ft: $222
This property sold for $222 per square foot
Sale Summary

This property sold for 2.9% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1968
Bedrooms
5
Full Bathrooms
4
Living Area
4,055 sq ft
Total Rooms
11
Stories
2
Levels
2

Interior Features

Flooring
Tile, Carpet, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Wood Burning
Has Fireplace
Yes
Number of Fireplaces
2
Appliances
Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features
Ceiling Fan(s), Bathroom With Tub, Bathroom With Tub & Shower
Laundry Features
Electric Dryer Hookup
Basement Details
Full, Finished, Walk-Out Access
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters
Patio/Porch Features
Deck, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.59 acres
Lot Size
25,705 sq ft
Lot Size Area
0.5900
Lot Features
Cleared, Level
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Electric Dryer
Water Source
Public
Sewer
Private Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,594
Tax Year
2024
Tax Assessed Value
$728,400
Parcel Number
2082239
Zoning
AR4

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Please make offers good for at least 24 hours. Email offers to Sean Bakhtiari along with updated preapproval/proof of funds, and signed property disclosures... Seller or seller's agent make no representations or warranties.

Location

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Neighborhood

5 Oak Terrace, Newbury MA 01922

Newbury, MA 01922

Walkability

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Schools

Middle School
Triton
Rating information coming soon
High School
Triton
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $466
Homeowners Insurance $200
PMI $0

Property History

Market Insights

2.8%
Price Range
8
Total Days on Market

Property Timeline

✓
Sold
Aug 2, 2024
$900,000
Property sold
Days on Market: 8
🏠
Listed for Sale
Jun 12, 2024
$875,000
Original listing
Agent: The Bakhtiari Group Office: Compass

Price & Status History

Date Event Price Change
Jun 12, 2024 New Listing Added $875,000 —

Market Statistics

Days on Market
7 days
Price per Sq Ft
$222

Tax History

Year Taxes Assessment
2024 $5,594 $728,400

Financial Details

Annual Property Tax
$5,594
Tax Year 2024
Assessed Value
$728,400

Listing Information

Listing Agent The Bakhtiari Group
Listing Office Compass
Agent MLS ID TM356376
Office MLS ID AN7000

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